Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108492
Authors: 
Telegdy, Álmos
Year of Publication: 
2013
Series/Report no.: 
Budapest Working Papers on the Labour Market BWP - 2013/11
Abstract: 
This paper analyses the employment adjustment of state- and privately-owned companies before and during the global crisis. Using Hungarian data, it finds that the net job creation rate is similar across the two ownership types before the crisis, but during the crisis state-owned companies have a net job creation rate larger by 7 percentage points than private enterprises. The effect is caused both by a larger gross job creation rate and by a drop in job destruction associated with state ownership.
Subjects: 
Net job creation
Global crisis
State ownership
Hungary
JEL: 
F23
L25
L32
ISBN: 
978-615-5243-68-4
Document Type: 
Working Paper

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